Company Reports

WFC 3Q19: New CEO Head, How Does It Get Ahead?

WFC gets a new CEO in a week so the strategic vision is still to be determined. Still, the bond market has tightened spreads and the equity is still where it was. We believe that there are still hard years ahead and the bond markets are ahead of themselves. Sell benchmark bonds, Sell Stock. Medium counterparty risk.  WFC WFC WFC WFC WFC WFC WFC WFC WFC WFC WFC

Industry Reports

VRA Talks: Consumer Risk Sphinx, Will Millennies Sink?

VantageScore, the #2 US consumer credit scoring company, recently interviewed David Hendler for its "5 Questions" monthly newsletter column. David discussed his US Consumer Risk Outlook, the validity of credit scores in predicting future downturns, and how the Millennials should credit trend given their "thin-file" history. 

Topic/Theme Reports

Country Risk Chat: Strange Days with Trump Troop Moves, China Mini-Trade Deal, Slower India

The world has turned topsy turvey with conflicting Trump troop moves, US-China trade truce and India domestic demand slowing. Posibble N. Korea pork shortage adds to the geopolitical hunger games.